PSE Circular for Brokers No. 1542-99

June 29, 1999 PSE CIRCULAR FOR BROKERS NO. 1542-99 July 1, 1999 NOTICE OF ANNUAL STOCKHOLDERS' MEETING Dear Stockholder : Please be notified that pursuant to Section 1, Article I of the Amended By-Laws of the Centro Escolar University, the annual meeting of the stockholders of the University will be held on Tuesday, July 27, 1999 at 3:30 P.M. at the P. C. Reyes Room of the Philippine Columbian Association, Plaza Dilao, Paco, Manila, with the following agenda: 1. Call to Order; 2. Report on Attendance & Quorum; 3. Proof of Notice of Meeting; 4. Approval of the Minutes of the Previous Stockholders' Meetings; 5. Annual Report of the Board of Directors of the University for the fiscal year 1998-1999; 6. Election of the Seven (7) members of the Board of Directors of the University for the ensuing term; 7. Appointment of External Auditor for the fiscal year 1999-2000; and 8. Such other matters as may properly come during the meeting. For purposes of determining the stockholders entitled to notice and to vote at the said meeting, the record date is July 6, 1999. The books of the University will be closed from July 7 to July 27, 1999. If you are not attending the meeting, you may submit a proxy instrument to the office of the Corporate Secretary at No. 11 Mendiola St., San Miguel, Manila not later than July 16, 1999. The validation of proxies will be held on Wednesday, July 21, 1999 at 8:00 o'clock A. M. at the Board Room of the University at No. 11 Mendiota St., San Miguel, Manila. cdlex Very truly yours, (SGD.) VICENTE J. CARLOS Corporate Secretary